The trading price of Exicure Inc (NASDAQ:XCUR) floating higher at last check on current market day and closing at $2.07, 31.15% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $1.52 and $2.62. In examining the 52-week price action we see that the stock hit a 52-week high of $4.90 and a 52-week low of $1.46. Over the past month, the stock has lost -10.22% in value.
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Exicure Inc, whose market valuation is $3.57 million at the time of this writing, is expected to release its quarterly earnings report on 2023-Mar-27. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
Analysts have forecast the company to bring in revenue of 3.9M for the current quarter, with the likely lows of 3.9M and highs of 3.9M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 28.83M.
On the technical side, indicators suggest XCUR has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that XCUR’s price is currently -8.91% off the SMA20 and 4.50% off the SMA50. The RSI metric on the 14-day chart is currently showing 49.62, and weekly volatility stands at 13.54%. When measured over the past 30 days, the indicator reaches 17.72%. Exicure Inc (NASDAQ:XCUR)’s beta value is currently sitting at 1.24, while the Average True Range indicator is currently displaying 0.46. With analysts defining $12-$12 as the low and high price targets, we arrive at a consensus price target of $12 for the trailing 12-month period. The current price is about -479.71% off the estimated low and -479.71% off the forecast high, based on this estimate. Investors will be thrilled if XCUR’s share price rises to $12, which is the median consensus price. At that level, XCUR’s share price would be -479.71% below current price.
To see how Exicure Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: XCUR stock’s performance was 31.15% at last check in today’s session, and -48.50% in the past year.
An evaluation of the daily trading volume of Exicure Inc (NASDAQ:XCUR) indicates that the 3-month average is 448.62K. However, this figure has increased over the past 10 days to an average of 45894.0.
Currently, records show that 1.73 million of the company’s shares remain outstanding. The insiders hold 48.13% of outstanding shares, whereas institutions hold 2.95%. The stats also highlight that short interest as of 2024-08-15, stood at 37575.0 shares, resulting in a short ratio of 0.04 at that time. From this, we can conclude that short interest is 336.00 of the company’s total outstanding shares. It is noteworthy that short shares in August were up slightly from the previous month’s figure, which was 25077.0. However, since the stock’s price has seen -28.83% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
